KEEPING IT SIMPLE - HTF order flow inline - Respected HTF PD array - Entry off FVG - Targeting buyside EQH (SWING TO NEXT HIGH) - GO risk free when prev week high/buyside has been taken out DYOR
I do have a buy limit at 1.5952, we have so many confluences to enter a trade here, EMA 50&100 H4 LQ zone Retest HH 1.5950 Key level 61,8 Fibo Last week, EUR got bullish momentum, upcoming weeks Eur might continue its bullish momentum Risk management, Risk %1 Go for a BE when price is at 1:1 TP is 1:4
As the pair on strong support area, the chance it goes back to long position is high. It is surely against the trend which I don't like to trade, but to be safe the stop loss is put on a tight level so that you don't get into deeper loss in case the pair continues its short position. EURAUD Buy at 1.56379 Stop Loss at 1.55706 Target Profit at 1.57850 Trade safe!!